Analytics, Latvia, Retail, Statistics
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Friday, 29.03.2024, 11:03
Retail trade turnover in Latvia increases 7.1% in January
Compared to January of the previous year, the most significant turnover growth within the non-food products group was recorded in retail sale of information and communication equipment (of 11.6%), retail sale of hardware, paints and glass(of 22.4%), as well as retail sale of clothing, footwear and leather goods (of 18.9%).
Turnover drop, in turn, was observed in retail sale of electrical household appliances (of 10.6%), as well as in retail sale of books, newspapers, stationery and audio and video recordings (2.1%).
The total retail trade turnover at current prices increased by 8.6% (not taking into account the calendar influence).
Retail trade turnover indices
(as %, compared to the average monthly turnover of 2015, at constant prices)
Compared to December 2017, the total turnover of retail trade enterprises in January 2018 grew by 2.1%, according to seasonally adjusted data at constant prices. Turnover of retail trade in food products increased by 1.8%, turnover of retail trade in non-food products, except for retail sale of automotive fuel, rose by 3.9%, while turnover of retail sale of automotive fuel reduced by 1.8%.
Turnover dropped in retail trade in food, beverages and tobacco in specialised stores (of 8.2%), retail trade of household electrical appliances (of 13.0 %), retail sale of cultural and recreation goods (of 4.1%), as well as retail sale in stalls or markets (of 7.0%).
Turnover rise, in turn, was observed in retail sale of clothing, footwear and leather goods (of 16.2%), in retail sale of cosmetics and toiletries (9.9%), as well as retail sale of information and communication equipment in specialised stores (6.9%).
Compared to December 2017, in January 2018 the total retail trade turnover at current prices (not taking into account seasonality) decreased by 17.7%. A year ago – in January 2017, compared to December 2016 – turnover reduced by 18.2%.
Turnover indices of retail trade enterprises by main kind of economic activity
(at constant prices)
| January 2018 as %, compared to | |
December 2017 (seasonally adjusted) | January 2017 (calendar adjusted) | |
Retail trade – total | 102.1 | 107.1 |
retail sale of food products, total | 101.8 | 106.9 |
retail sale of non-food products, total | 102.3 | 107.3 |
retail sale in non-specialised stores selling mainly non-food products | 99.3 | 102.2 |
retail sale of information and communication equipment in specialised stores | 106.9 | 111.6 |
retail sale of hardware, paints and glass | 102.9 | 122.4 |
retail sale of cultural and recreation goods | 95.9 | 101.7 |
retail sale of clothing, footwear and leather goods | 116.2 | 118.9 |
retail sale of cosmetics and toiletries | 109.9 | 108.6 |
retail sale in stalls or markets | 93.0 | 100.1 |
retail sale via mail order houses or via Internet | 100.9 | 100.8 |
retail sale of automotive fuel | 98.2 | 103.1 |